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budget
Biden Asks for Massive $886 Billion Military Budget for 2024
The White House is asking Congress for a whopping $886.4 billion military budget for the fiscal year 2024, with $842 billion of it going to the Pentagon. The rest would go toward other federal agencies’ military spending, including the Energy Department’s nuclear weapons program.
Donald Trump Promises to Protect the Welfare State
In a recent brief video message to his supporters, former president and current 2024 presidential candidate Donald Trump warned Republicans about cutting Medicare or Social Security: Under no circumstances should Republicans vote to cut a single penny from Medicare or...
30th Anniversary of the FBI’s Biggest ‘Bomb’
Thirty years ago this past Sunday, the largest terrorist attack in American history up to that point occurred when a 1200-pound bomb exploded beneath the World Trade Center in New York City. It was sheer luck that the explosion did not topple the entire skyscraper and...
News Roundup 2/28/2023
Russia Former Russian President Dmitry Medvedev warned in an op-ed published on Sunday that the Western policy of pouring weapons into Ukraine could lead to “apocalypse.” AWC Treasury Secretary Janet Yellen visited Ukraine on Monday to discuss an additional $10...
Raising the Debt Ceiling Is An Anti-Social Policy
Every time the United States reaches its debt limit, we read that it is important to reach an agreement to lift it. The narrative is that the debt ceiling must be raised, or the US economy will suffer a severe contraction. There is even an episode of a TV series,...
As the Fed’s Inflation Worsens, the IRS Is Targeting Restaurant Wait Staff
According to the January report of the Consumer Price Index, price inflation increased by 0.5 percent last month. This follows a 0.1 percent increase in December. The total increase over the last 12 months is 6.4 percent. The official government statistics, which are...
Part-Time Employment is Growing Faster than Full-Time Employment
The Bureau of Labor Statistic (BLS) released new jobs data on Friday. According to the report, seasonally adjusted total nonfarm jobs rose 517,000 jobs, which was well above expectations. The words used by the media to describe the report included “stunner” and “wow.”...
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